BNP Paribas Corporate and Institutional Banking (CIB) has appointed Biagio Bonanno as director of securities lending trader.
Bonanno brings a host of experience to the New York-based role after a 26-year career in the securities lending sector.
He joins BNP Paribas CIB from a 16-year term at Credit Suisse, where he was most recently director of securities lending supply trader. In this role, Bonanno managed a small group of traders, focusing on US hard-to-borrow inventory for distribution to hedge fund clients.
Prior to this, Bonanno was vice president of securities lending supply trader at Goldman Sachs, during his five-year service at the firm. He previously held positions at J.P. Morgan Chase and Morgan Stanley.
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